Axios Laying Off 10% of Staff
Jim VandeHei, the company’s chief executive, said in an email that the cuts were necessary to adapt to “changes in the media business.”
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Penny Pritzker Says Ukraine’s Economy Needs Reform and Investment to Thrive
Penny Pritzker, who is leaving her position as special representative for Ukraine’s economic recovery, said the country had made progress but still faced major hurdles. Read full article
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Hurricane Debby Sweeps Cocaine Worth $1 Million Onto Florida Beach
More than two dozen packages of cocaine were found on a beach in the Florida Keys, according to the U.S. Border Patrol. Read full article
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How Google’s Antitrust Defeat Might Transform Big Tech
The search giant is likely to appeal a federal judge’s ruling that it abuses its monopoly in the lucrative online business. But the industry could still see major changes.
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Stock Markets Signal Recession Fears. Here’s the Economic Outlook.
The economy has repeatedly defied predictions of a downturn since the pandemic recovery began. Now signs of strength contend with shakier readings.
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Historically Black Medical Schools Land a $600 Million Donation
Bloomberg Philanthropies gives what are thought to be record-breaking gifts to the endowments of Meharry Medical College, Morehouse and Howard University. Read full article
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Musket Balls Found in Massachusetts Recall ‘Shot Heard Round the World’
The discovery of ammunition from the 1700s has revived tales of fighting at the start of the Revolutionary War. Read full article
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Nvidia Scrambles for a Response to Antitrust Scrutiny
With a 90 percent share of the A.I. chip market, the company is facing antitrust investigations into the possibility that it could lock in customers or hurt competitors. Read full article
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Why Are Silicon Valley Therapists Becoming Tech Coaches?
In the Bay Area, therapists are embracing a new kind of practice: advising executives on becoming their best selves. Read full article
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World’s Five Leading Chipmakers Have Now Promised U.S. Investment
The announcement of CHIPS Act funding for a plant in Indiana means the United States will have attracted investment from the world’s top chipmakers.
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